More about R R Kabel Limited
Fundamentals for R R Kabel Limited
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Fundamentals for R R Kabel Limited
Business Operations:
Sector: IndustrialsIndustry: Electrical Equipment & Parts
R R Kabel Limited manufactures and sells wires and cables, and fast-moving electrical goods (FMEG) in India and internationally. The company offers house wires, industrial wires, power cables, and special cables. It also provides FMEG products, such as fans, LED lighting, switches, switchgears, water heaters, and other appliances. Its products are used in residential, commercial, industrial, and infrastructure sectors. The company was formerly known as Ram Ratna Agro-Plast Limited and changed its name to R R Kabel Limited in November 2000. R R Kabel Limited was incorporated in 1995 and is based in Mumbai, India. R R Kabel Limited is a subsidiary of Ram Ratna Wires Limited.
Revenue projections:
RRKABEL's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.
Financial Ratios:
| currentRatio | 1.847000 |
|---|---|
| forwardPE | 28.236483 |
| debtToEquity | 16.780000 |
| earningsGrowth | 1.345000 |
| revenueGrowth | 0.195000 |
| grossMargins | 0.184740 |
| operatingMargins | 0.071150 |
| trailingEps | 35.680000 |
| forwardEps | 47.867150 |
RRKABEL's current ratio being 1.847 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain.
RRKABEL's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
RRKABEL's low Debt-to-Equity ratio shows that the company avoids excessive reliance on debt, reducing financial risk. This suggests a more secure financial position with less vulnerability to debt-related risks, making RRKABEL a stable and conservative investment.
RRKABEL's positive earnings and revenue growth suggest that the company is expected to expand its business. This reflects a healthy financial outlook, as RRKABEL's increasing profits and sales signal further growth in the near future.
With a forward EPS greater than its trailing EPS, R R Kabel Limited is expected to see higher profitability this year. The forecasted increase in earnings reflects optimism about the company's financial growth and potential for improved performance over the prior year.
Price projections:
Price projections for RRKABEL have gradually risen over time, signaling increased optimism about the company's future prospects. This steady upward revision reflects growing confidence in RRKABEL's market potential.
Recommendation changes over time:
R R Kabel Limited has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view R R Kabel Limited as a stable option to park their money and potentially benefit from the company's continued growth and profitability.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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